Straight talk about our tax services and fees
Parent & Parent LLP is a full-service tax firm. We are headquartered in Connecticut and serve a worldwide clientele. We have experienced tax attorneys, CPAs, Enrolled Agents and other tax specialists who possess the absolute highest level of competency --- all under one roof. There is no tax problem that is too big for us. Yet, we also file taxes year-to-year for our clients who refuse to trust anyone else with their tax preparation.
International tax problems
The current big issues we encounter on a day-to-day basis include: FBAR penalty mitigation and audits, Form 5471, Form 3520-A, and Form 3520 compliance and penalty abatements, international and FATCA letters, tax audits, GILTI compliance and mitigation, Transition tax compliance, Streamlined and other offshore disclosures to limit foreign penalty exposure. And for our clients with business in the Pacific Rim, we also have Mandarin-speaking associates. Click here to learn more.
Business tax consultants and advisors
Nearly every business move has a tax implication. We work with our clients around the globe to make sure that their tax strategy does not undermine, but rather, works in concert, with their overall business strategy. Click here to learn more.
Tax preparation and other compliance
Our tax filings are unparrelled. We handle the year-to-year tax filings for individials and businesses in the US and around the globe. Mistakes can be very costly - we make sure there is nothing you are forgetting.
Expatriation and immigration tax help
If you are thinking of giving up your US citizenship or becoming a US citizen, or a Green Card holder, or come to work in the US on a visa, we can really help you. Watch the video below to learn more.
The IRS assesses penalties like never before. We have cost-effective methods of dealing with these disproporationate penalties --- penalties that can get way out of control far too quickly.
Unfiled tax returns
Unfiled tax returns happen through mistakes, negligence, or even something that can happen intentionally. Regardless, we work quickly to file tax returns that will be accepted by the IRS before the IRS takes any additonal action.
Tax debt workouts and negotiations
Even if you have the net worth to pay off a tax liability often it could be detrimental to your cash flow. We routinely negotiate with the IRS to lower monthly payments to something that our clients can afford. Learn more about our tax resolution services here.
State tax issues
We often find ourselves successfully challenging Sales and Use tax assessments and penalties.
Considering hiring us? Here are two great options:
A 15-minute consultation
This is a great option when are investigating general costs and wish to discuss the merits of a particular course of action. No legal advice will be given. However, there is no charge for this type of consultation. Time slots are limited.
A paid consultation
This is a great solution for a taxpayer or tax professional who wants to get to actionable tax advice as soon as possible. Sometimes a 30 minutes is all that is needed. The cost is $250 for 30 minutes and $500 for an hour. Additional time is available. Contact us now if you want to get started immediately.
If you aren't sure what one is best for you, just ask! We are here to help.
Our fees must be fair
How does Parent & Parent LLP charge fees?
We charge our fees on an hourly basis.
Do you charge flat fees?
Not currently. We require a retainer in order to engage our firm.
Our hourly rates tend to result in a cost that is lower that flat fees others charge.
WilI I be given an estimate of costs before hand?
Yes. You will be given an estimate, and we will alert you prior to taking any action that would increase our original estimate. We never want our clients to be surprised.
What if I am not satisfied?
We don’t charge unsatisfied clients.
How do I get started?
Contact us now by phone, email or Skype message.
Here we are in Washington DC, the lone US tax firm working to simplify the US tax code by calling for a complete repeal of the Foreign Account Tax Compliance Act (FATCA).